Suppose that at the beginning of 2004 you invested $l0,000 in the Stivers mutual fund and $5000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below. Which mutual fund performed better?
Year
Stivers
Trippi
2004
11,000
5,600
2005
12,000
6,300
2006
13,000
6,900
2007
14,000
7,600
2008
15,000
8,500
2009
16,000
9,200
2010
17,000
9,900
2011
18,000
10,600
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here